What Is A Turnkey Property And Should You Buy One To Invest In Real Estate
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A turnkey property could be the solution to your woes.
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With a turnkey property, you get all the benefits of owning a rental property without hassle.
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But what are the disadvantages of a turnkey company, and how do you find a good one?
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A turnkey property is a structure like a home, duplex, or apartment that an investor can purchase and is ready to rent immediately.
What Is a Turnkey Property?
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Immediate Income
The time between purchasing the home and receiving the first income checks is short.
Advantages of Turnkey Properties
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Disadvantages of Turnkey Properties
Overpayment
Ensure that the unit is sold at the right price, rented at the projected market value, and not overcharged for repairs and maintenance.
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Expensive Repairs
You would make more money with independent properties rehabbed on the investor’s own terms.
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